Economic Growth Isn’t the Cause of Inflation
A fall in prices is the manifestation of real wealth expansion. General price inflation, on the other hand, results from monetary pumping.
Mises Wire
No, Decriminalization of Marijuana Is not Better than Legalization
Oddly, some libertarians argue that decriminalization is better than outright legalization. They're wrong.
Canada Has Legalized Pot — And the US May Soon Bow to State Legalization
Over 100 million people in North America will soon live in places where recreational marijuana has been legalized.
Robots Do Not Destroy Employment, Politicians Do
Countries with the highest levels of robotization have the lowest unemployment rates.
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Of the Demand or Market for Products
Wealth stems not from spending, but from production. Declines in production are be remedied by frugality, intelligence, activity, and freedom.
Problems with Mainstream Theories of Supply and Demand
Despite its great appeal because of its simplicity, the supply-demand graphic as employed by mainstream economics is a tool that is detached from the facts of reality.
That Time the Media Cheered for Gestapo Immigration Tactics
When the Clinton team used agents with machine guns in the Elian Gonzalez case, the media cheered the state's brutal show of force.
Money-Supply Growth Slides Again, Falling to 3-Month Low
In May, year-over-year growth in the money supply fell to a 3-month low, growing 4.2 percent. That was down from April 2018's rate of 4.2 percent, but remains up from November 2017's low of 2.6 percent:
Rather than Paying Down Debt in Good Times, Spain Is Now Spending Even More
Now is the time for the Spanish government to reduce its massive debt. When the next recession hits, it will be too late.
